Gold Price Forecast 2018/2017: Gold’s Big Move Gold is currently trading near a critical level, from where a massive move up or down is imminent. One of the measures that illustrate we are a close to a big move, is the following resistance line on the gold chart that I have previously highlighted. Below, is…
Silver Price Forecast – Gold Price Forecast – Gold and Silver: Boom or Bust? By Hubert Moolman Gold and silver prices are at a critical point. It appears that we will see massive price movements up or down, soon. Conditions are very similar to that of the early 80s (circa 1983), for example, when the…
Gold Price Forecast 2017/2016 The gold bull market is still very much intact. In fact, it appears that the all-time high could be taken out real soon. However, on the chart there is an obstacle that the gold price has to overcome. Another failure at this obstacle, and we could have a bigger drop than…
Gold Prices Forecast 2017 / 2016 The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining…
Gold Prices Forecast 2017/2016 I have compared the performance of the current gold bull market (since 2001) with the 70s one. Below is that comparison (chart from barchart.com): During the 70s bull market, gold went from $35 to $195 in the first phase. That was a 458% increase. The first phase of the current bull…
Are you ready for the next leg of deflation? Where the real pain will be felt (mainly) because the collapse of commodities and oil, in particular, will be accompanied by the collapse of the US stock market. Due to the size of the cycles involved, it is very difficult for most to comprehend the continued…
Gold Price Forecast 2017/2016 Gold is currently trading in excess of $1300 an ounce. This is well above the 1980 all-time high. However, this is an incomplete representation of what gold is trading at relative to US dollars. When you look at the gold price relative to US currency in existence (US Monetary Base), then…
